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Latest international plastic news, information and facts on plastics, polymer news, trends and developments in plastics industry. Subscribe to receive latest developments about plastic products, plastics trends, news & plastic information
Imagine a range of translucent screw closures for mineral water, soft drinks and other bottled beverages, made of polypropylene- many of which are compliant with US regulations for food ...
Nan Ya Plastics, a part of the Formosa Plastics Group, the biggest industrial group in Taiwan, plans to cut 1,000 employees this year as part of its plan to close down unprofitable operat...
Soaring demand for propylene and ethylene has led Carmel Olefins to expand production at its Haifa plant. The expansion program is to cost about US$310 million. This Israeli company owned...
India is looking forward to turn the India-Pakistan-Iran US$4 billion gas pipeline into a reality, for which officials from India and Pakistan are to hold their first set of talks on June...
Borealis, a leading innovative provider of plastics solutions, with more than 40 years of experience in polyethylene (PE) and polypropylene (PP), has introduced Daploy™ WB260HMS, a high m...
OPEC kingpin Saudi Arabia, the world's top oil producer is ready to boost its output as long as there is international cooperation to secure market stability. The Department of Energy's ...
The West Bengal state government, which invested in the project through West Bengal industrial development corporation (WBIDC), is unlikely to continue as a shareholder in HPL. This is be...
Rising US crude stocks were the main factor behind the decline in the oil. New York's main contract, light sweet crude for delivery in July fell to US$ 48.30 a barrel. As per the weekly...
SK Engineering & Construction - a promising bidder for the PIC Aromatic project, has bagged a US$1.22 billion petrochem contract in Kuwait. This is the largest ever contract won by a Kore...
Economic expansion in Asia has been driving most of the global growth in chemical consumption. Companies like Exxon Mobil are witnessing a surge in profits from the chemical sector- Q1 ch...
All the construction work of the Novy Urengoi gas-chemical factory, wholly owned by Gazprom, stopped in 1996 due to lack of funds. The robust demand for petrochemicals in Russia has ren...
A recently completed annual review of the global ethylene market suggests that companies in the industry would have firm margins in 2006 and 2007. Nova Chemicals that was spun off from...
Containers made of plastics for beverages and food bottles in the US are forecasted to grow by 5%. Smaller sized beverage bottles will continue to fuel advances, growth will slow down fro...
GDP, which measures the value of all goods and services produced in a country, is considered the broadest barometer of an economy. The economy of U.S is projected to expand by 3.4% in 200...
With several petrochem projects nearing completion, and scheduled to come on stream soon, China's petrochemicals production capacity will see a quantum jump. China's domestic petrochemica...
World oil prices stand at three-month lows, as they dip below US$47 in New York. Abundant US supplies and speculative sales have triggered this fall in prices. New York's light sweet crud...
Innovene's Chocolate Bayou manufacturing site in Texas has successfully completed the expansion and turnaround of its Olefins #1 unit. The changes were implemented to meet stricter Texas ...
Qatar Petroleum and ExxonMobil Corp. have signed an initial deal to build a US$2 billion petrochemical plant in Ras Laffan Industrial City, to produce 1.6 million tpa of ethylene products...
Saudi Basic Industries Corporation (SABIC), with operations in the Middle East, has capacity expansion plans on the cards. This expansion is planned by the world's 10th largest petrochemi...
South Korea's LG International (LGI), Oman Oil Co (OOC) and National Petrochemical Co (NPC) of Iran have formed a joint-venture for a 300 000 tpa ethylene dichloride (EDC) project in Soh...
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